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DATE: July 17, 2012, ITEM: 7. C. RE: CONSIDERATION AND ADOPTION OF A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY APPROVING NEW LOAN PROGRAM POLICIES PROJECT
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7c loan program policiesdocx is a document outlining the rules and regulations for the 7c loan program.
Lenders participating in the 7c loan program are required to file the policies document.
To fill out the 7c loan program policiesdocx, lenders must provide detailed information about their lending practices and procedures.
The purpose of 7c loan program policiesdocx is to ensure that lenders follow the guidelines set forth by the program and to protect both borrowers and lenders.
Information such as lending criteria, interest rates, fees, and default procedures must be reported on the 7c loan program policiesdocx.
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